broker fees

Stop Paying Wall Street Extra for Your Mutual Funds

Pop quiz: If someone wanted to charge you $600 for something you could get for $10 elsewhere, who would you buy it from? Sounds like a no-brainer. But when people buy mutual funds, they often end up paying the $600 price instead of the $10 one.

The Secret to Investing in Turbulent Times

Determine how much risk you can take and divide your assets between stocks and bonds. Then purchase low-cost, passively managed stock and bond index funds matched to your ability to withstand risk.

Earnings Preview: BofA, Wells and Morgan Stanley

Bank of America and Well Fargo are expected to post losses while Morgan Stanley is seen reporting a profit on Wednesday. Less certain is what the newly minted CEOs at BofA and Morgan Stanley are going to tell investors about vision and strategy.